Folklore Ventures

Folklore Ventures, founded in 2013 and based in Sydney, Australia, is a venture capital firm dedicated to supporting early-stage technology companies in Australia and New Zealand. The firm focuses on investing in sectors such as software, healthcare, robotics and automation, and decentralization. Comprising a team of investors, founders, and builders, Folklore Ventures aims to be a first cheque to forever investment partner, emphasizing the importance of founder vision and team potential from the outset.

Alister Coleman

Managing Partner

39 past transactions

Auror

Series C in 2024
Auror Limited offers a crime prevention platform that assists businesses and law enforcement in reporting incidents electronically. Their solution consolidates information about alleged offenders, enabling law enforcement to identify crime trends, recognize repeat offenders, and respond to real-time intelligence to enhance crime prevention efforts. The platform is customizable for various in-store incidents, such as shoplifting and fraud, and provides alerts to managers and security personnel about high-risk individuals. By facilitating collaboration with law enforcement and promoting community partnerships, Auror aims to reduce crime effectively. Founded in 2012 and headquartered in Auckland, New Zealand, Auror also has offices in Denver and Melbourne to support its retail clientele, which includes major global retailers. The company was previously known as Eyedentify Limited before rebranding in 2015.

Forever Network

Series A in 2024
Forever Network is a global digital sports media company focused on delivering curated sports content designed for social media platforms frequented by millennials. The company specializes in providing sports commentary and illustrations, partnering with advertisers to create branded content and advertising solutions tailored for a worldwide audience. Additionally, Forever Network offers content and syndication services for sports teams and leagues, ensuring that fans have access to high-quality sports information and insights.

Kry10

Seed Round in 2023
Kry10 is a developer of a secure operating system designed for owners and creators of software-defined machines, enabling innovation without security concerns. The platform features multi-stack verification, developer tools, and an over-the-air (OTA) service, allowing for the creation of solutions that are provably secure and adaptable over time, using common programming languages. Additionally, Kry10 offers a self-healing graphical user interface framework that enhances connectivity and management of machine and device networks. This capability aids clients in improving asset control, managing device lifecycles, and reducing costs. The company has offices in Seattle, Sydney, and Wellington, New Zealand.

Visionary Machines

Seed Round in 2022
Visionary Machines develops advanced sensing technology that enhances machine navigation and automation through the use of passive camera arrays. By providing high-fidelity perception, the company's systems minimize issues such as ambiguity and false positives. Its 3D spatial sensors employ geometry measurements from multiple cameras across various spectra, combined with cutting-edge AI techniques. This technology enables machines to effectively see, navigate, and interact with their environments. Initial applications are focused in sectors such as defense, mining, and logistics, where precise measurement and object perception are critical. Visionary Machines aims to solve complex challenges, making previously intractable problems manageable for both humans and machines.

Sphere

Seed Round in 2022
Sphere helps US software companies manage their global sales tax / VAT / GST compliance requirements. Our platform helps with everything from nexus monitoring, registration, calculation and filing/remittance. Companies like Runway AI, Weaviate and Zeplin choose our platform because we’re the only product that offers true global coverage, is easy to implement and reasonably priced. - We're growing rapidly (20%+ MoM revenue growth) and have signed customers like Runway AI, Sierra AI, Codeium + many more - We're building the world's first tax-focused LLMs (which we believe will be the foundation for a broader cross border compliance platform; think Deel for international billing) - We're well funded by Felicis Ventures and the founders of Flexport, Lyft, Betterup, Go1 and Xendit

Swoop Aero

Series B in 2022
Swoop Aero is an Australian drone-powered logistics company founded in 2017, focused on transforming global transportation by integrating drone logistics into the supply chain's first and last mile. The company utilizes autonomous drones to facilitate two-way deliveries of essential supplies, enabling clients to transport emergency materials and other critical items to hard-to-reach locations. Swoop Aero aims to expand its impact by providing its technology platform to various organizations worldwide, enhancing the efficiency and reach of logistics services. The company has set an ambitious goal to make its services accessible to one billion people by 2030, with applications across multiple sectors, including healthcare, transportation, disaster management, and search and rescue.

Strong Compute

Seed Round in 2022
Strong Compute is building the future of Cloud Computing, priced by performance not consumption. Our software and hardware optimizations speed up neural network development 10x-1000x, file transfer 1000x, instance start time 10x. We're starting with AI and are aimed at the $500B cloud market.

ProductEngine

Seed Round in 2022
ProductEngine develops software focused on product and pricing management, aimed at enhancing how businesses handle their product data. The platform serves as a centralized source of truth, simplifying the management, collaboration, synchronization, and tracking of product and pricing information. By enabling users to manage and share data effectively with staff, systems, and customers, ProductEngine enhances accuracy and efficiency in product management processes.

Canopy Study

Seed Round in 2022
Canopy Study is an Australian company founded in 2019, located in Surry Hills, New South Wales. It specializes in developing AI-powered educational technology products designed to enhance the learning experience for students and support teachers in their instruction. The company offers a data-driven platform that utilizes proprietary algorithms to transform coursework and curriculum data into valuable learning resources. By allowing teachers to upload lesson materials, Canopy Study enables the creation of adaptive resources such as quizzes and flashcards, facilitating personalized learning experiences for students.

CryptoTaxCalculator

Seed Round in 2022
CTC helps you sort out your crypto tax nightmare. Built for crypto natives with complex on-chain activity. Founded in 2018

Auror

Series B in 2021
Auror Limited offers a crime prevention platform that assists businesses and law enforcement in reporting incidents electronically. Their solution consolidates information about alleged offenders, enabling law enforcement to identify crime trends, recognize repeat offenders, and respond to real-time intelligence to enhance crime prevention efforts. The platform is customizable for various in-store incidents, such as shoplifting and fraud, and provides alerts to managers and security personnel about high-risk individuals. By facilitating collaboration with law enforcement and promoting community partnerships, Auror aims to reduce crime effectively. Founded in 2012 and headquartered in Auckland, New Zealand, Auror also has offices in Denver and Melbourne to support its retail clientele, which includes major global retailers. The company was previously known as Eyedentify Limited before rebranding in 2015.

Lived

Seed Round in 2021
Lived is an Australian-based application designed to assist individuals in reducing their alcohol consumption and enhancing their overall quality of life. The platform focuses on providing a supportive environment for users grappling with addiction by connecting them to appropriate levels of care. Lived employs engaging digital therapeutics to facilitate coordination among the user, their support network, and healthcare professionals. This approach empowers users to make positive, daily progress in their recovery journey, promoting healthier habits and fostering motivation.

Kry10

Pre Seed Round in 2021
Kry10 is a developer of a secure operating system designed for owners and creators of software-defined machines, enabling innovation without security concerns. The platform features multi-stack verification, developer tools, and an over-the-air (OTA) service, allowing for the creation of solutions that are provably secure and adaptable over time, using common programming languages. Additionally, Kry10 offers a self-healing graphical user interface framework that enhances connectivity and management of machine and device networks. This capability aids clients in improving asset control, managing device lifecycles, and reducing costs. The company has offices in Seattle, Sydney, and Wellington, New Zealand.

Komodo

Seed Round in 2021
The data-driven wellbeing platform that empowers students and enables schools to make positive and effective interventions.

Visionary Machines

Seed Round in 2021
Visionary Machines develops advanced sensing technology that enhances machine navigation and automation through the use of passive camera arrays. By providing high-fidelity perception, the company's systems minimize issues such as ambiguity and false positives. Its 3D spatial sensors employ geometry measurements from multiple cameras across various spectra, combined with cutting-edge AI techniques. This technology enables machines to effectively see, navigate, and interact with their environments. Initial applications are focused in sectors such as defense, mining, and logistics, where precise measurement and object perception are critical. Visionary Machines aims to solve complex challenges, making previously intractable problems manageable for both humans and machines.

HealthMatch

Series B in 2020
HealthMatch is a medical technology company focused on improving patient access to clinical trials through the use of machine learning and artificial intelligence. The platform addresses the challenges patients and clinicians face in identifying suitable trials, which often stem from inconsistently defined eligibility criteria. By encoding qualifying questions related to patients' conditions, HealthMatch matches their responses with an extensive trial dataset to identify appropriate trials. This streamlined process not only accelerates patient recruitment but also facilitates the application to trials, significantly reducing the time and effort typically required. By leveraging advanced technology, HealthMatch is transforming an industry that has largely relied on outdated methods, enhancing the speed at which life-saving treatments can reach the market.

Swoop Aero

Venture Round in 2020
Swoop Aero is an Australian drone-powered logistics company founded in 2017, focused on transforming global transportation by integrating drone logistics into the supply chain's first and last mile. The company utilizes autonomous drones to facilitate two-way deliveries of essential supplies, enabling clients to transport emergency materials and other critical items to hard-to-reach locations. Swoop Aero aims to expand its impact by providing its technology platform to various organizations worldwide, enhancing the efficiency and reach of logistics services. The company has set an ambitious goal to make its services accessible to one billion people by 2030, with applications across multiple sectors, including healthcare, transportation, disaster management, and search and rescue.

Wonde

Venture Round in 2019
Wonde operates a platform that provides schools with the tools to manage their school data. Its solution allows schools to control their school data; approve, decline, and monitor those who integrate with their data; and receive monthly reports and manage the application. The company’s solution also allows developers to view the status of existing integrations and request access to new school data, as well as school data integration. In addition, it offers reporting tools to the school senior leadership team. The company was founded in 2013 and is based in Cambridge, United Kingdom.

HealthMatch

Series A in 2019
HealthMatch is a medical technology company focused on improving patient access to clinical trials through the use of machine learning and artificial intelligence. The platform addresses the challenges patients and clinicians face in identifying suitable trials, which often stem from inconsistently defined eligibility criteria. By encoding qualifying questions related to patients' conditions, HealthMatch matches their responses with an extensive trial dataset to identify appropriate trials. This streamlined process not only accelerates patient recruitment but also facilitates the application to trials, significantly reducing the time and effort typically required. By leveraging advanced technology, HealthMatch is transforming an industry that has largely relied on outdated methods, enhancing the speed at which life-saving treatments can reach the market.

Swoop Aero

Venture Round in 2019
Swoop Aero is an Australian drone-powered logistics company founded in 2017, focused on transforming global transportation by integrating drone logistics into the supply chain's first and last mile. The company utilizes autonomous drones to facilitate two-way deliveries of essential supplies, enabling clients to transport emergency materials and other critical items to hard-to-reach locations. Swoop Aero aims to expand its impact by providing its technology platform to various organizations worldwide, enhancing the efficiency and reach of logistics services. The company has set an ambitious goal to make its services accessible to one billion people by 2030, with applications across multiple sectors, including healthcare, transportation, disaster management, and search and rescue.

Uptick

Series A in 2019
Uptick is a provider of asset protection software designed for maintenance service providers, aiming to enhance workforce efficiency. The company's platform serves as a comprehensive data hub for facility managers, building owners, and local governments, delivering real-time compliance information. Uptick's tools enable users to effectively manage assets by tracking critical data such as major service dates, past inspection records, barcodes, defect history, and life cycle analysis. By utilizing Uptick's solutions, clients can improve building safety, reduce administrative costs, and enhance operational efficiencies. Uptick is currently used to manage the compliance of one in five commercial buildings across Australia.

Snug.com

Seed Round in 2019
Snug.com is a rental community platform founded in 2017 by Justin Butterworth in Sydney, New South Wales. The platform aims to streamline the renting process for tenants, property owners, and managers by offering a comprehensive software service that includes property management tools, renter applications, screening, and payment processing. Snug Match allows tenants to create a single profile that simplifies the rental application process across multiple properties. Additionally, Snug Pay facilitates the collection of various fees related to renting and managing properties, such as rent, utility payments, and advertising costs. By enhancing efficiency and reducing costs, Snug.com empowers all participants in the rental market to engage more effectively.

HealthMatch

Seed Round in 2018
HealthMatch is a medical technology company focused on improving patient access to clinical trials through the use of machine learning and artificial intelligence. The platform addresses the challenges patients and clinicians face in identifying suitable trials, which often stem from inconsistently defined eligibility criteria. By encoding qualifying questions related to patients' conditions, HealthMatch matches their responses with an extensive trial dataset to identify appropriate trials. This streamlined process not only accelerates patient recruitment but also facilitates the application to trials, significantly reducing the time and effort typically required. By leveraging advanced technology, HealthMatch is transforming an industry that has largely relied on outdated methods, enhancing the speed at which life-saving treatments can reach the market.

HappyCo

Series A in 2018
HappyCo Inc. specializes in developing software solutions for the real estate rental industry, focusing on property management and maintenance operations. Founded in 2011 and based in San Francisco, the company provides a mobile application for property inspections, a web application for managing inspection data and staff remotely, and a business intelligence tool for real-time analysis of operational performance metrics. HappyCo's platform replaces traditional paper-based processes with digital solutions, enhancing efficiency in multifamily residential, commercial real estate, and other sectors. Its offerings include tools for due diligence, lease file audits, and asset management, all aimed at improving operational visibility and resident satisfaction.

Auror

Series A in 2018
Auror Limited offers a crime prevention platform that assists businesses and law enforcement in reporting incidents electronically. Their solution consolidates information about alleged offenders, enabling law enforcement to identify crime trends, recognize repeat offenders, and respond to real-time intelligence to enhance crime prevention efforts. The platform is customizable for various in-store incidents, such as shoplifting and fraud, and provides alerts to managers and security personnel about high-risk individuals. By facilitating collaboration with law enforcement and promoting community partnerships, Auror aims to reduce crime effectively. Founded in 2012 and headquartered in Auckland, New Zealand, Auror also has offices in Denver and Melbourne to support its retail clientele, which includes major global retailers. The company was previously known as Eyedentify Limited before rebranding in 2015.

Mentorloop

Seed Round in 2017
Mentorloop is a mentoring software platform that facilitates connections between mentors and mentees through an interactive and accessible online system. Recognizing the growing importance of mentorship in today's fast-paced environment, the platform aims to make mentoring widely available, allowing individuals to find a mentor whenever needed. Its cloud-based technology enables organizations to efficiently match participants in mentorship programs, offering features such as instant onboarding, self-matching capabilities, real-time communication tools, and resource tracking. By providing detailed analytics, Mentorloop helps organizations enhance the effectiveness of their mentoring initiatives, ultimately fostering personal and professional growth through meaningful human connections and knowledge sharing.

Featureflow

Seed Round in 2017
Featureflow enables companies to safely release, a/b test, and improve applications by allowing them to gradually rollout, manage, and precisely target new features and versions to specific audiences. It manages this through a unique combination of language-specific SDKs and easy-to-use hosted control panel.

Kanopi

Venture Round in 2016
Kanopi is a data-driven insurtech company that aims to transform the insurance industry by connecting insurers and digital platforms. As an embedded insurance platform, it intelligently anticipates consumer needs, allowing users to access the right insurance quickly and conveniently. Kanopi's mission focuses on creating a unified ecosystem for insurance and marketplaces, simplifying the insurance process and making it more transparent and accessible for all customers.

Kanopi

Seed Round in 2015
Kanopi is a data-driven insurtech company that aims to transform the insurance industry by connecting insurers and digital platforms. As an embedded insurance platform, it intelligently anticipates consumer needs, allowing users to access the right insurance quickly and conveniently. Kanopi's mission focuses on creating a unified ecosystem for insurance and marketplaces, simplifying the insurance process and making it more transparent and accessible for all customers.

Forever Network

Seed Round in 2015
Forever Network is a global digital sports media company focused on delivering curated sports content designed for social media platforms frequented by millennials. The company specializes in providing sports commentary and illustrations, partnering with advertisers to create branded content and advertising solutions tailored for a worldwide audience. Additionally, Forever Network offers content and syndication services for sports teams and leagues, ensuring that fans have access to high-quality sports information and insights.

Adviser Ratings

Seed Round in 2015
Adviser Ratings operates a financial adviser rating system designed to simplify the process of selecting a financial adviser for consumers. With a focus on improving transparency in the financial advice industry, the company helps clients navigate through a vast array of advisers, providing ratings and customer reviews. This service not only assists individuals in identifying qualified financial professionals but also evaluates whether their current advisers meet their needs. By bridging the gap between consumers and financial advisers, Adviser Ratings aims to enhance the overall advisory experience and foster better connections within the industry.

Uptick

Seed Round in 2015
Uptick is a provider of asset protection software designed for maintenance service providers, aiming to enhance workforce efficiency. The company's platform serves as a comprehensive data hub for facility managers, building owners, and local governments, delivering real-time compliance information. Uptick's tools enable users to effectively manage assets by tracking critical data such as major service dates, past inspection records, barcodes, defect history, and life cycle analysis. By utilizing Uptick's solutions, clients can improve building safety, reduce administrative costs, and enhance operational efficiencies. Uptick is currently used to manage the compliance of one in five commercial buildings across Australia.

Freelancer

Venture Round in 2013
Freelancer Ltd is a freelancing and crowdsourcing marketplace based in Sydney, Australia, that connects employers with freelancers for various projects. Launched in 2009, the platform allows employers to post job listings and receive competitive bids from freelancers across multiple fields, including software development, graphic design, writing, data entry, and market research. Freelancer supports its users with features such as real-time chat, 24/7 customer support, and a time tracker, enhancing the overall user experience. The company operates primarily through its online marketplace, which is the main source of revenue, and offers online payment services to facilitate transactions between employers and freelancers.

Clipp

Seed Round in 2013
Clipp is a mobile payments and rewards application designed for the hospitality industry in Australia. It enables customers to securely pay for food and drinks at over 500 participating bars and restaurants. Clipp's integration with major hospitality Point-of-Sale (POS) systems allows merchants to efficiently accept mobile payments while enhancing the overall customer experience. The platform also incorporates dynamic pricing, allowing establishments to adjust their pricing based on factors such as time of day, day of the week, and demand. This innovative approach not only streamlines payment processes but also improves payment security and customer engagement within the hospitality sector.
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